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Dayton vetoes GOP school repayment plan

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ST. PAUL -- Gov. Mark Dayton today vetoed a Republican plan to take money out of the state reserve fund to repay money owed Minnesota school districts.

Dayton called the plan an irresponsible "raid" on state reserves.

He also criticized a GOP Senate plan to take $100 million more from the reserves to deliver a business property tax reduction.

"That tactic is superficially appealing," Dayton said, but draining the reserves would cost more in the long run.

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